Investors' Soapbox AM

Six Reasons Why Steel Stocks Will Soon Rise

Credit Suisse cites the effective seasonality trade and other reasons.

November 20, 2012

Credit Suisse

We believe the recent selloff of high-beta, risky assets has resulted in oversold levels in some of the steel stocks. While volatility will remain extreme heading into the "fiscal cliff," we believe steel stocks have already priced in some of the downside. With fundamentals set to improve in the coming months, we believe investors with a three- to six-month time horizon should consider this as a trading...